Africa Construction Market to 2032

Q: What is the current market size of the Africa Construction Market?

Africa Construction Market was valued at USD 302.42 (Revenue in USD Billion) in 2024.

Overview

The Africa Construction Market is expected to reach a 420.93 USD Billion by 2032 and is projected to grow at a CAGR of 4.32% from 2025 to 2032.

Revenue, 2024 (USD Billion)

302.42

Forecast, 2032 (USD Billion)

420.93

CAGR, 2024 - 2032

4.32%

Report Coverage

Middle East & Africa

Africa Construction Market 2018-2032 USD Billion

Africa Construction Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 302.42 USD Billion
Projected Market Size (2032): 420.93 USD Billion
CAGR (2025-2032): 4.32%

Key Findings of Africa Construction Market

The Africa Construction Market was valued at 302.42 USD Billion in 2024.
The Africa Construction Market is likely to grow at a CAGR of 4.32% during the forecast period of 2024 to 2032.
In 2024, the Largest segment New Construction in Category Segment accounted for the largest share of the market with a revenue of 235.27 USD Billion
The fastest growing segment Residential Construction in Vertical Segment grew Fastest with a CAGR of 5.07% during the forecast period from 2024 to 2032.

Africa Construction Market Scope

Africa Construction Market Segmentation & Scope

Vertical

Energy and Utility Construction
Commercial Construction
Industrial Construction
Infrastructure Construction
Residential Construction

Africa Construction Market Data Coverage Insights

Study Period	2024-2032
Base Year	2024
Unit	Revenue in USD Billion
Market Value in 2024	302.42 USD Billion
Market Value in 2032	420.93 USD Billion
CAGR (2025-2032)	4.32%
Historic Data	2016-2023
Market Segments Covered	Vertical,Category

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 302.42 USD Billion in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 242,057.49 USD Million in 2024.

Segments and Scope

Africa Construction Market to 2032, By Vertical
- Residential Construction is the largest segment in Africa Construction Market to 2032 with a revenue of 97.89 USD Billion in the year 2024.
- Residential Construction is the Fastest growing segment in Africa Construction Market to 2032 with a Growth rate of 5.07 % in forecast period 2025-2032.
Africa Construction Market to 2032, By Category
- New Construction is the largest segment in Africa Construction Market to 2032 with a revenue of 235.27 USD Billion in the year 2024.
- New Construction is the Fastest growing segment in Africa Construction Market to 2032 with a Growth rate of 4.35 % in forecast period 2025-2032.

Africa Construction Market Company Share Analysis

Company Name
arab contractors cameroon
LeaderGroup
KALITAS Construction
SERTEM group
KALFRELEC SARL

Africa Construction Market Geographical Sales Distribution, 2018-2032 USD Billion

Africa Construction Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Africa Construction Market?

The Africa Construction Market is segmented based on Segmentation Vertical,Category.

What is the current market size of the Africa Construction Market?

Africa Construction Market was valued at USD 302.42(Revenue in USD Billion) in 2024.

What is the expected growth rate of the Africa Construction Market?

Africa Construction Market is projected to grow at a CAGR of 4.32% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Africa Construction Market?

The New Construction segment is expected to dominate the Africa Construction Market, holding a largest market share of 235.27 USD Billion in 2024

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